Sensex
Sensex Surges Over 300 Points Driven by Wipro and TCS Performance
The Sensex is currently trading at 72,080.89 points, marking an increase of 349.47 points on Tuesday, primarily driven by gains in heavyweight IT stocks. Wipro has seen a rise of three per cent, while TCS also recorded a three per cent increase.
Sensex Records Slip Following Presentation of Interim Budget
Maruti experienced a gain of over 3%, and Powergrid increased by more than 2%. However, Ultratech Cement and L&T witnessed a decline of more than 1%. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted that while both the Federal Reserve's decision and the Budget would impact the market, the primary focus would be on the Budget.
Equity Markets Experience Sharp Rise on Anticipation of Interim Budget Expectations
The Sensex concluded the day 1,240.90 points or 1.76% higher at 71,941.57, while the Nifty closed 385 points or 1.8% higher at 21,737.60. The rally was notably driven by private sector banks, with Domestic Institutional Investors (DIIs) continuing to show interest in value picking at current levels.
Market Rally: Sensex Surges 1000 Points on Strong Performance by Heavyweights
The best performers in the market include oil and gas stocks, with ONGC experiencing a 7% increase, and Reliance Industries marking a 4% rise. Hindustan Petroleum is up by 4%, while BPCL shows a 3% increase. In the energy sector, Coal India has gained 3%, and Castrol is up by 4%.
Strong Market Opening: Sensex Surges by 503 Points in Early Trading
Blue-chip firms HDFC Bank and Reliance Industries contributed to the positive trend.
Sensex Plunges 700 Points, Led by Slump in Tech Mahindra
The BSE Sensex was recorded at 70,331.85 points, marking a decline of 728.46 points or 1.03 percent. Tech Mahindra witnessed a plunge of over 5 percent, attributed to weak quarterly results
Nifty Bounces Back with Strong Recovery Following Tuesday's Sharp Decline
Following a significant decline on the preceding day, the Nifty Midcap 100 and Smallcap 100 indices recovered some losses, posting gains of 1.80% and 1.70%, respectively. Advancing shares outnumbered declining shares, with the advance-decline ratio standing at 1.83 on the BSE.
Sensex Surrenders Morning Gains, Dips Over 400 Points; Axis Bank Losses Contribute to Decline
Several stocks witnessed declines, with Axis Bank down over 3%, ICICI Bank down over 2%, Asian Paints down over 2%, and TCS down more than 1%. Motilal Oswal Financial Services downgraded Axis Bank to Neutral and revised its TP (target price) to Rs 1,175.
Sensex Witnesses Sharp Decline: Banks Lead the Drop with Over 500 Points Down
In the broader markets, railway stocks are experiencing a significant decline. Railtel is down 13 percent, Ircon is down 12 percent, Texmaco Rail is down 10 percent, RVNL is down 9 percent, IRFC is down 9 percent, RITES is down 8 percent, and Titagarh is down 7 percent.
Sensex Surges by 250 Points, Nifty Approaches the 21,700 Mark in Early Trading Session
In the early trade, the 30-share BSE Sensex rose by 250.08 points, or 0.35 per cent, reaching 71,933.31 points, while the Nifty witnessed an increase of 75.80 points, or 0.35 per cent, to 21,698.20 points.
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